Preview

Csr on Marks and Spencer

Powerful Essays
Open Document
Open Document
1358 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Csr on Marks and Spencer
The World Business Council for Sustainable Development defines CSR as ‘the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as the local community and society at large.’
Marks and Spencer are the UK’s leading retailer of quality clothing, food and home products with over 21 million UK customers. They have a team of 78,000 employees and over 2,000 suppliers. In January 2007 Marks and Spencer launched ‘Plan A’ (because there is no Plan B). Plan A is their five year, 100 point eco plan to combat climate change, reduce waste, safeguard natural resources, trade ethically and build a healthier nation. Plan A is based on five pillars. These pillars represent five key areas where they believe they can make their business more sustainable and kinder to the environment. The five key pillars are: Climate change, Waste, Sustainable raw materials, Fair Partner and Health. Each pillar has a primary end target these being: to become carbon neutral, send no waste to landfill, extend sustainable sourcing, help improve the lives of people in their supply chain, help customers and employees live a healthier life style. A brief overview of these pillars can be found in Appendix A. Plan A has been incorporated into the day to day working routine and become integral at every level.

Corporate Social Responsibility is not by any means a new idea more a new label on an old idea. The first large scale consumer boycott in the UK happened in the 1790’s over slave harvested sugar. CSR became more popular in the 1970’s largely due to Dame Anita Roddick founder of The Body Shop and in the USA due to Ben & Jerry’s. In 1982 Business in the Community was launched. This was an organisation founded by Marks and Spencer amongst others to encourage other companies to play an active part in their communities. This has grown and is now also concerned with CSR and



References: Lynch, R. (2006) Corporate Strategy 4th Edition, Harlow; Financial Times Prentice Hall Worthington, I Johnson, G., Scholes, K. And Whittington, R. (2008) Exploring Corporate Strategy, 8th Edition, Harlow; Financial Times Prentice Hall Appendix A

You May Also Find These Documents Helpful

  • Powerful Essays

    Greggs

    • 3139 Words
    • 13 Pages

    * Johnson, G., Scholes, K. and Whittington, R. (2002) Exploring Corporate Strategy. 6th ed., Edinburgh: Pearson Education Limited…

    • 3139 Words
    • 13 Pages
    Powerful Essays
  • Best Essays

    Johnson, G; Scholes, K; Whittington, R (2006) Exploring Corporate Strategy – Texts and Cases, 7th edition. Prentice Hall, London…

    • 3399 Words
    • 11 Pages
    Best Essays
  • Powerful Essays

    Asda Marketing Strategy

    • 5404 Words
    • 22 Pages

    Johnson, G Scholes, K & Whittington, R (2008) Exploring Corporate Strategy. 8th ed. Essex, England: Pearson Education Ltd.…

    • 5404 Words
    • 22 Pages
    Powerful Essays
  • Powerful Essays

    In business world companies are interested in how to maintain or increase shareholder values and profit. So, in order to give something back to the general public, those companies have to assume their responsibilities by being aware of the effects of their activities in the community and take measures to control them because this can affect the community and the environment by polluting the air, destroying the ecosystem, over using natural resources and so on. CSR is often called corporate citizen which means that companies should be good neighbors of the community not to work against it but collaborate with the citizen or the society in order to increase their welfare, to make a community a better place to live. (catalyst consortium, july 2002)…

    • 1797 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Company report review Marks and Spencer Maplecroft Maplecroft House Bath Road Bradford on Avon BA15 2PE United Kingdom T +44 (0) 1225 863 882 F +44 (0) 1225 864 950 http://www.maplecroft.net Corporate Social Responsibility Report 2005 Presented by: Maplecroft Company report review Marks and Spencer – CSR Report 2005 Contents 1 Introduction ............................................................................................................................................... 3 1.1 Company background....................................................................................................................... 3 1.2 CSR rationale.................................................................................................................................... 3 1.3 Key issues......................................................................................................................................... 3 2 Key activities and impacts......................................................................................................................... 3 2.1 Business ethics ................................................................................................................................. 3 2.1.1 Governance........................................................................................................................…

    • 2504 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Marks and Spencer Summary

    • 1510 Words
    • 7 Pages

    Marks and Spencer is one of the best known high street retailers in the UK. It has over 450 stores and employs over 65,000 people. It also operates overseas. In the face of more intense…

    • 1510 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Marks & Spencer, one of Britain's leading retailers, the words scroll relentlessly across a giant electronic ticker. They describe progress against "Plan A", a set of 100 worthy targets over five years. The company will help to give 15,000 children in Uganda a better education; it is saving 55,000 tonnes of CO2 in a year; it has recycled 48m clothes hangers; it is tripling sales of organic food; it aims to convert over 20m garments to Fairtrade cotton; every store has a dedicated "Plan A" champion.…

    • 363 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Marks and Spencer have always had a keen interest in corporate social responsibility, however until recent changes they have taken a large step forward and taken it upon themselves to create new plans on how, as a company they can become “the world’s most sustainable retailer by 2015” (M&S Press Release 1-March-2010).…

    • 666 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Unileve and Ben&Jerry's Csr

    • 5723 Words
    • 23 Pages

    Neil, John D., Stovall, O. Scott, 2005, Stakeholder Salience and Corporate Social Responsibility: Evidence from Three Companies, The Journal of Applied Business Research, 21 (3):71-78 Page, Anthony, Katz, Robert A., 2012, The Truth About Ben & Jerry’s, Stanford Social Innovation Review, Available at: [Accessed http://www.ssireview.org/articles/entry/the_truth_about_ben_and_jerrys, on March 10th, 2013] Pava, Moses L., Krauz, Joshua, 1996, The Association Between Corporate SocialResponsibility and Financial Performance: The Paradox of Social Cost, Journal of Business Ethics, 15:321-357 Pinkston, Tammie S., Carroll, Archie B., 1996, A Retrospective Examination of CSR Orientations: Have They Changed?, Journal of Business Ethics, 15:199-206 Porter, Michael E., Kramer, Mark R., 2006, Strategy & Society – The Link Between Competitive Advantage and Corporate Social Responsibility, Harvard Business Review Putrevu, Sanjay, McGuire, Jean, Siegel, Donald S., Smith, David M., 2011, Corporate social responsibility, irresponsibility, and corruption: Introduction to the special section, Journal of Business Research, 65:1618-1621 Reuben, Anthony, 2012, Did Ben & Jerry’s change Unilever?, BBC News, Available at: http://www.bbc.co.uk/news/business-18167345, [Accessed on March 4th, 2013] Rosenberg, Tina, 2011, A Scorecard of Companies with a Conscience, The New York Times The Opinion Pages, Available at: , [Accessed on March 5th, 2013]…

    • 5723 Words
    • 23 Pages
    Good Essays
  • Best Essays

    H&M CSR

    • 2507 Words
    • 11 Pages

    H&M is one of the largest fashion companies in the world that designs and sells men’s, women’s, and children’s clothing, as well as homeware and accessories. It began as a Swedish women’s wear store in 1947 and has evolved into five brands, encompassing about 2,800 stores in 48 countries on four continents, and employing over 94,000 people worldwide1. H&M strives to produce increasingly sustainable fashion while making it accessible and affordable to individuals all around the globe by pursuing growth into new markets such as Malaysia and Latvia in 2012 and Serbia and Lithuania in 20132.…

    • 2507 Words
    • 11 Pages
    Best Essays
  • Powerful Essays

    literature review CSR

    • 3008 Words
    • 8 Pages

    CSR is a situation where not only do firm’s care about profit maximization and wealth accumulation about take into consideration the needs of the society. According to Carroll (1979), companies are expected to maximize profit, obey the laws of the land, operate in line with community norms, and do well in society beyond the society’s expectations. Today, CSR is becoming rational including the needs of the community, maximizing the profits and managing the stakeholders. Garriga and Mele (2004) divided CSR theory into categories; instrumental, integrative, value and political theories which from all dimensions lead to sustainable development. The goals of CSR are to guide companies in three dimensions: economic, social and climate care.…

    • 3008 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    Johnson, G, Scholes, K, Whittington, R Exploring Corporate Strategy, 8th Edition, FT Prentice Hall, Essex, 2008…

    • 1126 Words
    • 5 Pages
    Best Essays
  • Powerful Essays

    Bmw Strategic Report

    • 2655 Words
    • 11 Pages

    References: Johnson, G., Scholes, K. and Whittington, R., (2005). Exploring Corporate Strategy, Texts and Cases, 7th ed. Harlow: Pearson Education…

    • 2655 Words
    • 11 Pages
    Powerful Essays
  • Best Essays

    CSR Reflection Paper

    • 2235 Words
    • 8 Pages

    The term “corporate social responsibility” (CSR) first emerged in the 1960s to discuss the role of business in society. Its definition, however, was argued by Friedman (1970) as a responsibility towards maximising shareholders value, with its “one and only social responsibility… is to use its resource and engage in activities designed to increase the profits so along as it stays within the rules of the game”. Over time, there are more versions of what CSR entailed, including that of the European Commission (2011), as “the concept that an enterprise is accountable for its impact on all relevant stakeholders. It is the continuing commitment by business to behave fairly and responsibly, and contribute to economic development while improving the quality of life of the work force and their families as well as of the local community and society at large…” In essence, CSR is reflected as a contribution to sustainable development, implying the way…

    • 2235 Words
    • 8 Pages
    Best Essays